Sold

28 Fairmount St, Salem, MA

Salem · MA 01970

$675,000
Price
6
Beds
3
Baths
3043
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 2 Units
Lot size: 4,365 Sq.Ft Lot
Price per square foot: $230 / Sq.Ft
Parking: 3 Off Street Spaces

About this home

Investors looking for the best condo conversion project in Salem! Or, Savvy Owner Occupied buyers looking for an incredible house hack, look no further! The project just needs your finishing touches and you have top of the line finished product in a red hot condo market! Recent condo sale comps in the area for finished product are over $500/SF!! Off street parking, proximity to public transit, highways, shopping and business and entertainment, this project checks all the boxes! This is either the most profitable condo conversion a developer will ever have, or the best house hack anyone could ever ask for, don?t miss it! Have the units ready in time for Spring just as rates start rolling back and set a new record for sale price in Salem!

Neighborhood & Transit

28 Fairmount St, Salem · MA 01970

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
1078 days
Listing Price:
$699,900
Price per Sq.Ft:
$230
Tax Assessment:
$578,300 in 2023
Taxes:
$603 / Monthly

Home Facts

Interior Features

Bedrooms
6
Full Bathrooms
3
Half Bathrooms
0
Living Area
3,043 Sq.Ft
Broker Disclosure about Living Area
Property is gutted completely
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
3043
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Unknown

Exterior Features

Lot Size
4,365 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
3 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Wood
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Juan Lopera-Martinez
Listing office
eXp Realty LLC
MLS PIN #
73182263
Disclosure
Open permit violation, buyer and buyer’s agent to do their own due diligence.
Disclosure
Property is gutted completely